ATLANTA, GA — Persio Lisboa, executive vice president and COO of Navistar, will be the keynote speaker of the 26th annual Heavy Duty Manufacturers Association (HDMA) Breakfast and Briefing, to be held during the new North American Commercial Vehicle (NACV) Show in Atlanta.
As Navistar works to move past the mistakes of the past and looks ahead to the future, International Trucks’ Jeff Sass opened HDT’s inaugural Heavy Duty Trucking eXchange fleet networking conference in Phoenix this week with a peek at the future, from electric trucks to autonomous vehicles. HDTX is a new invitation-only event for select truck fleet executives co-hosted by an array of suppliers.
LISLE, IL – Navistar has announced they’ve promoted Phil Christman to president of operations. Reporting to Persio Lisboa, Navistars’s chief operating officer, Christman will now oversee procurement, product development, manufacturing and supply chain.
MINNEAPOLIS, MN – Navistar has named American filtration systems and parts manufacturer, Donaldson Company, as a Diamond Supplier for the second consecutive year in a row.
LISLE, IL – Navistar is celebrating the 30th anniversary of its private label purchasing program Fleet Charge. Originally launched in 1987, the program provides customers with guaranteed pricing, consolidated billing, and a dedicated credit line and is accepted at more than 650 International and IC Bus dealer locations in the U.S. and Canada.
Navistar has unveiled its new OnCommand Connection Telematics, including hardware and software to support all Class 6-8 trucks with J1939 or J1708 diagnostic ports. While the existing OnCommand Connection linked 300,000 vehicles, the new offering will be offered to those who have not used telematics in the past, the company says.
LISLE, IL – Navistar has unveiled its new OnCommand Connection Telematics, including hardware and software to support all Class 6-8 trucks with J1939 or J1708 diagnostic ports.
LISLE, IL – Navistar has announced a first quarter 2017 net loss of $62 million.
Declining 6% compared to the first quarter of 2016, revenues in the first quarter of 2017 were $1.7 billion. The decline is attributed to lower truck volumes caused by soft Class 8 heavy industry conditions and decreased global sales.
“Our results are on track with our plan for the year, and demonstrate our ability to effectively manage costs at a time of persistent Class 8 industry headwinds,” said Troy A. Clarke, chairman, president and Chief Executive Officer (CEO) of Navistar International Corporation.
LISLE, IL – Navistar International has finalized its strategic alliance with Volkswagen Truck and Bus, which gives the German manufacturer a 16.6% stake in the business.
“This alliance with Volkswagen Truck and Bus marks a significant milestone in our company’s history, and we expect it will create multiple benefits for both companies in both the near and long term,” says Troy Clarke, Navistar’s chairman, president and Chief Executive Officer. Now that the deal has closed, the company will be working quickly to collaborate with its new partner, he said.
The companies’ alliance will involve sharing technology, and is expected to bring a Volkswagen powertrain to North America as early as 2019. Navistar expects business synergies to save US $500 million over the first five years.
NASHVILLE, TN – International has launched a new 12.4-liter engine, known as the A26, drawing on an engineering project that became known internally as Project Alpha – as well as selected European components.
LISLE, IL – Navistar has elected Troy A. Clarke, the company’s president and Chief Executive Officer, as the latest chairman of the board.
Clarke replaces the retiring James H. Keyes, in a shift that became effective at the company’s annual shareholder meeting on February 14. Keyes has served as non-executive chairman since April 2013. General Stanley A. McChrystal (ret) was elected as an independent lead director.
“It has been a pleasure to serve on the board for the last four years, and I am honored to have been elected chairman,” said Clarke. “This is an exciting time for Navistar, as we pursue our growth strategies highlighted by significant new product launches and our pending strategic alliance with Volkswagen Truck and Bus.
LISLE, IL – Navistar has recognized the top 2% of its supplier base through the manufacturer’s annual Diamond Supplier Award, handing trophies to 34 top-performing companies.
Volkswagen Truck and Bus stunned North America’s trucking industry when it purchased a 16.6% stake in Navistar. The companies are now investigating synergies that could create an estimated $500 million in savings – and bring a Volkswagen-engineered powertrain to our market by 2019.
LYSLE, Ill–Navistar, the publicly traded American corporation that produces International trucks and engines, will be happy to see the back of 2016 and is anticipating its new partnership with Volkswagen to gel as early as March, 2017. The German automaker spent more than $256 million for a 16% share of Navistar and the two companies will begin working on joint projects after March. Navistar officials hope the partnership will allow Navistar to shore up its position in the North American truck market, in particular by providing access to European technology that will serve up a saving of $500 million in cost savings.
Navistar’s Fleetrite aftermarket program adds all-makes bumpers, hoods, and grilles